Tax Evasion: Whistle-blower incentives

The uniting Church has suggested that a system similar to the US be adopted where whistle-blowers on tax evasion matters be rewarded based on taxes recovered.

Given the risks associated with whistle blowing and often the financial stress involved such incentives may be worth considering.

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Whistleblowers who expose corporate tax dodgers should be paid bounties based on a percentage of how much money is recouped by authorities, the Uniting Church has urged.
In a submission to the Abbott government's tax white paper, Uniting Justice, a social and economic policy-focused division of the church, has proposed Australia adopt a scheme similar to the United States where a convicted former banker received $US104 million ($134 million) for exposing a multi-billion dollar tax fraud by Swiss investment bank UBS and other institutions.